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Home Market Research Cryptocurrency

DEA and FBI Seize $10M in Crypto From Sinaloa Cartel in Explosive US Drug Bust

by TheAdviserMagazine
3 months ago
in Cryptocurrency
Reading Time: 3 mins read
A A
DEA and FBI Seize M in Crypto From Sinaloa Cartel in Explosive US Drug Bust
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

US law enforcement agencies have intensified efforts to combat drug trafficking organizations, leading to a multi-state operation that included the seizure of over $10 million in cryptocurrency.

The action, carried out by the Drug Enforcement Administration (DEA) in coordination with the Federal Bureau of Investigation (FBI), targeted the Sinaloa cartel’s operations in Miami, Florida.

This digital asset confiscation is part of a broader push to dismantle the financial infrastructure behind cartel activities, especially as traffickers increasingly turn to cryptocurrency to facilitate illegal transactions.

Seizures Extend Across Multiple States

The crypto-related seizure came amid a much larger crackdown that has taken place across the United States since January 2025. According to the US Department of Justice, law enforcement agencies have seized approximately 44 million fentanyl pills, 4,500 pounds of fentanyl powder, nearly 65,000 pounds of methamphetamine, and over 201,500 pounds of cocaine.

The operations have also led to more than 2,100 fentanyl-related arrests. Attorney General Pamela Bondi emphasized the scale of the effort in a public statement, noting that such coordinated actions are a critical part of the fight against addiction, overdose, and drug-related violence.

The $10 million cryptocurrency confiscation in Miami was one of several significant enforcement actions undertaken in recent weeks. In addition to Florida, operations took place across Texas, California, South Carolina, Georgia, Minnesota, Nebraska, and other states.

In Lexington County, South Carolina, DEA agents seized 156 pounds of fentanyl and 44 pounds of methamphetamine, along with firearms, resulting in one arrest. Similarly, in Gainesville, Georgia, 705 pounds of methamphetamine were found hidden in a truck transporting cucumbers.

In Austin, Texas, a refrigerated truck loaded with blueberries was discovered to be concealing 783 pounds of methamphetamine. In a separate Texas operation in Galveston, agents recovered over 1,700 pounds of methamphetamine valued at more than $15 million.

Meanwhile, in El Paso, 115 pounds of methamphetamine were intercepted in a vehicle equipped with a GPS tracker, an indication of the cartel’s attempts to maintain precise control over drug shipments.

In California, multiple seizures targeted methamphetamine labs and synthetic opioids. Kern County saw the dismantling of a meth conversion facility, with agents confiscating over 240 pounds of crystal methamphetamine and 151 gallons of its liquid form.

In Fresno, 24 pounds of carfentanil disguised as prescription pills were found, the largest such seizure in Northern California to date.

Crypto and the Changing Tactics of Cartels

The Miami crypto seizure shows how organized crime groups like the Sinaloa cartel are adapting their financial operations. Law enforcement agencies have observed a growing trend of using digital currencies to mask transactions, complicate traceability, and move large sums across borders.

While traditional drug trafficking methods persist, the introduction of blockchain analysis tools has made it possible for authorities to trace and seize crypto linked to illicit activity.

DEA Acting Administrator Robert Murphy highlighted the importance of these measures, stating that the agency is actively disrupting the financial underpinnings of cartel operations. “We are dismantling these networks piece by piece—and we won’t stop until the last brick of their empire falls,” Murphy said.

The global crypto market cap valuation on TradingView
The global digital currency market cap valuation. | Source: TradingView.com

Featured image created with DALL-E, Chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Tags: 10MBustcartelCryptoDeadrugexplosiveFBIseizeSinaloa
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